IA: UK company directors face mounting 'shareholder rebellion'

Research from public register

Directors of UK businesses face increasing opposition to their re-election as executive pay continues to dominate investor concerns, while disputes concerning individual directors have doubled in the last year, research from the Investment Association's (IA) public register reveals.

The IA's public register was launched in August 2017 in response to the UK government's consultation on corporate governance reform, with the trade body charged with establishing and maintaining a list of FTSE All-Share companies that have received more than 20% of votes against any resolution at an AGM or EGM. IA to name and shame firms facing revolts over executive pay It was launched with the intention of bringing attention to companies that have received a significant vote against motions and to track whether and how they are responding to shareholder concerns. The report has b...